Letters – Page 195 – Technical Analysis of Stock Trends

Cabbages and kings…

Post author:WHC Bassetti
Post published:July 19, 2009
Post category:Letters
Post comments:2 Comments

The time has come the cabbage said to speak of many things, of jabberwocks and cribbage, of bings and kings and ringa ding ding... Here's the surprise. The S&P jumping…

Train coming. Get off the tracks.

Post author:WHC Bassetti
Post published:July 16, 2009
Post category:Letters
Post comments:4 Comments

For whatever reason (and reasons are hard to find) the head and shoulders party has been postponed. Good trading tactics require that you scale out of some index shorts, which…

Head and shoulders beheaded?

Post author:WHC Bassetti
Post published:July 14, 2009
Post category:Letters
Post comments:8 Comments

Readers raise the question, do the last two days invalidate the head and shoulders? Not at all. The trendline from the top in June is intact, the pattern of lower…

Would you let your mother buy this stock?

Post author:WHC Bassetti
Post published:July 14, 2009
Post category:Letters
Post comments:0 Comments

When the history of the great Bush bear is written there will be a special chapter for Goldman. Goldman would be quietly interred next to Lehman and Bear if Secretary…

Minding your Ps and QQQQs…

Post author:WHC Bassetti
Post published:July 11, 2009
Post category:Letters
Post comments:0 Comments

Here's an interesting idea. Shorting the Qs with QID. It looks like a pretty low risk trade to us. The safest stop is tight under the nearby low. The last…

Noted technical analyst WHC Bassetti has over 40 years’ experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Tenth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.

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